Financial Statements




1416
THE NEW ZEALAND GAZETTE.
[No. 41

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS
BANK OF NEW ZEALAND

1920–1921. RECEIPTS. 1921–1922.
£ s. d. £ s. d. £ s. d.
875,000 0 0 Balance at beginning of Year,—
Investment Account .. .. .. .. .. .. .. 875,000 0 0
500,000 0 0
375,000 0 0 Bank of New Zealand Act, 1920,—

Shares surrendered to Bank of New Zealand for cancellation—
75,000 “ A ” Preference Shares of £6 13s. 4d. each (nominal value, £500,000)..
37,500 “ B ” Preference Shares of £6 13s. 4d. each (nominal value, £250,000) .. | ..
.. | ..
.. |
| 875,000 0 0 | Totals .. .. .. .. .. .. | .. £875,000 0 0 |
| £1,750,000 0 0 | | |

RESERVE FUND

£ s. d. £ s. d. £ s. d.
800,000 0 0 Balance at beginning of Year,—
Investment Account .. .. .. .. .. .. .. 2,000,000 0 0
1,200,000 0 0 Transfer from the Consolidated Fund in terms of Subsection (2) of Section 3 of the
Finance Act, 1919, as amended by Section 32 of the Finance Act, 1920 .. .. ..
£2,000,000 0 0 Totals .. .. .. .. .. .. .. £2,000,000 0 0

NEW ZEALAND

£ s. d. £ s. d. £ s. d.
6 14 0
475,985 0 0 Balance at beginning of Year,—

Cash in Deposit Account .. .. .. .. .. ..
Investment Account .. .. .. .. .. .. | 6 14 0
475,985 0 0 | 475,991 14 0 |
| £475,991 14 0 | Totals .. .. .. .. .. .. | .. £475,991 14 0 |

KAURI-GUM INDUSTRY

£ s. d. £ s. d. £ s. d.
16,259 15 2 Balance at beginning of Year,—
Cash in the Public Account .. .. .. .. .. .. 7,401 0 3
62 15 4 Imprests outstanding—
In the Dominion .. .. .. .. .. .. 17 3 4 7,418 3 7
16,322 10 6
39,205 0 0 Sale of Kauri-gum .. .. .. .. .. .. ..
26 12 6 Miscellaneous Receipts .. .. .. .. .. .. ..
313 14 0 Interest on Securities held by Investment Account .. .. .. .. .. .. ..
.. New Zealand Loans Act, 1908,—

Kauri-gum Industry Amendment Act, 1914, and Appropriation Act, 1918,
Section 45—
Debentures issued .. .. .. .. .. .. | .. | 22,000 0 0 |
| £55,867 17 0 | Totals .. .. .. .. .. .. | .. £52,498 1 10 |



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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 1922, No 41


NZLII PDF NZ Gazette 1922, No 41





✨ LLM interpretation of page content

💰 Statement of Receipts and Expenditure of Separate Accounts (continued from previous page)

💰 Finance & Revenue
Financial Statement, Receipts, Expenditure, Bank of New Zealand, Reserve Fund, Kauri-gum Industry